Asia-Pacific shares mixed
1 min read
Asian stocks
Shares in Asia-Pacific traded mixed on Friday as investors reacted to developments from the Bank of Japan.
In Japan, the Nikkei 225 dipped 0.16% while the Topix index declined 0.11%. South Korea’s Kospi was fractionally higher.
Mainland Chinese stocks edged higher. The Shanghai composite was up 0.13% while the Shenzhen component advanced 0.186%. Hong Kong’s Hang Seng index traded 0.7% lower.
Meanwhile, shares in Australia fell, with the S&P/ASX 200 down 0.9%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.37% lower.
Overnight stateside, the S&P 500 gained 0.6% to end its trading day at 3,722.48 while the tech-heavy Nasdaq Composite rose 0.8% to close at 12,764.75. The Dow Jones Industrial Average advanced 148.83 points to close at 30,303.37.
Thursday’s moves on Wall Street saw the S&P 500 and Nasdaq hitting intraday and closing records, while the Dow posted its highest-ever closing level.
The U.S. dollar index, which tracks the greenback against a basket of its peers, last traded at 89.962 after weakening this week from levels above 90.4.
The Australian dollar changed hands at $0.7601, after trading at levels around $0.763 earlier in the week.